Letting with property professionals
We will use our expertise and knowledge to get your property let as quickly as possible. From tenant find to a fully managed service, Bailey & Co will take care of it.
Our approach
Securing the right tenant
We understand that finding the right tenant is a priority; you want them to be honest, reliable and able to take care of your property. Our dedicated team will be on it to find the ideal tenants and build a relationship that means no hassle for you throughout the letting process.
Culture
At Bailey & Co you are not just another landlord in our books; we tailor to your needs and look at your letting situation independently. We will not only look at requirements and matches to find the right tenants, but we will use our expertise to open up other possibilities that have yet to be considered.
Standards
We are committed to providing the highest level of standards in all we do and professionally conform to industry guidelines. Compliance and regulation are taken very seriously and we will ensure all the required checks are done and regulations met to protect you and your property investment.
Property management
Our full property management service ensures the stress of letting is lifted from our landlords. The service includes handling the property and tenancy throughout the term, from checking in to checking out. Taking care of accompanied viewings to routine property visits and all the tasks in between, our proactive lettings team will take care of your property and tenant.
Benefits
Working with Bailey & Co means working with an experienced team with vast local market knowledge. We provide outstanding quality marketing for all properties including professional photography, floor plans and getting your listing on the popular property portals – Rightmove and On The Market.
Our pool of quality prospective tenants in our database means we have professional applicants ready to market your property to.
We believe our personal touch and attention to detail really sets us apart. We have no hidden extra fees and to keep costs down, we do not surcharge contractor work. Bailey & Co work with a reliable network of local, recommended contractors and will promptly notify you of any property maintenance or repairs required.
We provide automated monthly email statements and for our fully managed landlord clients, we provide annual tax statements to make your tax return simpler.
Our customer service
At Bailey & Co we provide a listening ear and a fresh perspective. We take pride in delivering a first-class service to ensure your letting experience is handled professionally and without stress.
Alongside our working hours, we have an out of hours emergency contact list to give landlords and tenants peace of mind and reassurance they will be looked after at all times.
People
We understand the importance of clarity, treating each letting individually and paying great attention to detail. Using our years of experience and knowledge we will advise and recommend to bring you the best result. You can choose our level of involvement from requiring a tenant find only to fully managing your property, just let us know how we can help.
Exposure
Our office sits in a prime Jesmond location to ensure ease and exposure. Our website is designed to attract the right tenants and to maximise opportunities. We also work with regional and national press and publications.
Our Fees
A set up fee of 60% of one month’s rent inclusive of VAT, subject to a minimum fee of £480.00 inclusive of VAT, applies for every new tenancy. This fee is not expected to be paid up front by the landlord, it is deducted from the tenant’s first month’s rent and covers the following costs:
- Production of tenancy agreement (AST or Company Let Tenancy)
- Deposit registration (if applicable)
- Advertising
- Photographs & floor plans
- Tenant find
- Viewings
- Referencing & credit checks on prospective tenants and guarantors (if applicable)
- Production of Deeds of Guarantee (if applicable)
- Collection of first month’s rent
For full property management, a monthly charge of 14.4% inclusive of VAT (12% +VAT) of monthly rental figure applies thereafter. The set up fee for every new tenancy still applies to fully managed properties as detailed above. Fully managed service also includes the following:
- Detailed Inventory
- Check in/ out service
- Three property inspections per annum
- Rent collection service
- Management of property maintenance
Other Charges
Property License (HMO/Additional/ Selective) application handling surcharge – £210.00 inclusive of VAT per property.
Request a Market Appraisal
Find out how much you could receive as rent by getting a free market appraisal. With our property market knowledge, we can provide an honest and realistic appraisal.
What Our Clients Say
I felt the way the whole transaction, from initial enquiry to the ‘For sale’ procedures, valuation, advice, to the eventual…
Mr & Mrs M. Wellburn Park, Jesmond
Our purchase wouldn’t have happened without Baileys. The team was at the heart of communication throughout the process.
Mr & Mrs T. Purchase of Salisbury Gardens, Jesmond Vale
I would like to express my thanks to all the team at Bailey & Co., who have been involved in…
Ms S. Adderstone Crescent, Jesmond
We have been absolutely delighted with the service provided by all the staff at Baileys and would have absolutely no…
Mr & Mrs D. Moorside North, Fenham
Thank you very much for the way in which you handled the sale. I was very impressed with all my…
Miss T. Belle Grove Terrace, Spital Tongues
Bailey and Co. are professional, quick to respond and great at finding new tenants. The quality of their photography for…
Mr M. Jesmond
I’d like to put down our appreciation of your efficient and intelligent service. You seem to listen to, and record…
Mr & Mrs W. London
I would like to say a huge thank you for all your help and support with selling my house. The…
Miss R. Treherne Road, High West Jesmond
Get in touch
Find out how the experienced team at Bailey & Co can help let your property. Please fill in the below form and we will get back to you as soon as possible.